Bank Zero chair Michael Jordaan insists it’s in our power as SA to grow at 5% a year. We’ve just got to make some hard decisions

News
‘Give them hell’: Steinhoff shareholders reject debt restructuring deal
Steinhoff’s future hangs in the balance after shareholders voted against a debt restructuring deal, substantially raising the prospect of liquidation
Business rescue grows in relevance as SA practitioners increase
Since the introduction of business rescue to SA law in 2011 a constant stream of BRPs has been licensed each year.
Even in the dark, South Africa continues to surprise
Down, not out. Early economic data for January offers a glimmer of hope that SA may yet avoid a technical recession,
SA offers ‘winning formula’ for private equity investors, says Ethos
Peter Hayward-Butt, CEO at Ethos Private Equity, an investor in Brait, Virgin Active and TymeBank, still sees solid investment opportunities in SA at cut-rate prices
Taxi industry woes put a spoke in the wheel of Transaction Capital
WeBuyCars owners, Transaction Capital, saw their share price deflate over 40% in early trade as its taxi business faces structural problems.
How one major landlord is using solar and batteries to power its malls
Retail landlord Resilient says by the end of 2025, 39% of its energy use will be green, with a plan to have this above 50% by 2027.
Business launches R100m fund to support technical work on energy crisis
Big business has come up with R100 million for a Resource Mobilisation Fund to fund the activities of the government’s National Energy Crisis Committee.
Reports confirm Cape Town as business relocation destination
You only have to be hit by load shedding and a fibre outage at the same time to appreciate how tough it could become to keep business services up.
Visa chaos at Home Affairs causing major headaches
Failure to get foreign internationals their working visas issued correctly and timely has made SA a less investor-friendly country.
Beyond the headlines, glimmers of hope
Business is under no illusion about the scale and urgency of the problems SA faces, Eskom being just one of them.
SA SMEs optimistic about revenue growth and new investments in 2023
SA SMEs optimistic about revenue growth and new investments in 2023 Despite severe challenges, businesses in...
BlueRock subsidiary Kareevlei enters into voluntary business rescue
BlueRock subsidiary Kareevlei enters into voluntary business rescue The board of Aim-listed BlueRock Diamonds’...
Railways and ports exempted from power cuts under state of disaster
The government has published the state of disaster regulations, exempting critical infrastructure
There are still ‘reopening trades’ out there
Where companies are in better shape than before the pandemic…